Worries About Trump's Agenda Sending Stocks and Dollar Lower
Stocks are set for the worst start to a trading day in a month as investors grow increasingly worried that the chaos in Washington will delay President Trump's pro-business agenda. Reports from the New York Times and others say the President asked FBI Director James Comey to shut down the investigation of then NSA Director Mike Flynn, something the White House denies. The U.S. dollar is dropping as well. Target (TGT) - Get Report beat earnings and revenue expectations. The company reported a $1.21 a share in earnings versus .91 cents expected. However, Target executives say they are experiencing headwinds. Target shares are surging in the premarket. Jack in the Box (JACK) - Get Report could sell its popular Qdoba Mexican Grill restaurant chain. Nation's restaurant news says the company has hired Morgan Stanley to help it evaluate all of its alternatives.
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